Transactions by Gerd Alexander Schütz and Apeiron Investment
Luxembourg, February 9, 2018 – On February 5, 2018 (17:01 CET), Luxembourg-headquartered and Frankfurt-listed Fintech MyBucks S.A. ("MyBucks" or the "Company") had disclosed by way of a corporate release and an ad hoc announcement that its Board of Directors intends to increase the Company’s share capital.
This announcement makes reference to a certain transaction in which “prior to the capital increase, the Chairman of the Board of Directors, Mr Alexander Schütz, and Apeiron Investment Group also increased their stake in MyBucks by acquiring 850,000 shares at a price of EUR 9 per share from non-strategic shareholders, with the option to acquire a further 1,198,690 shares until the end of June 2018.”
The Company hereby clarifies that the announcement made on February 5, 2018 refers to the transactions pursuant to which Infinitum Ltd., a closely associated person to Mr. Gerd Alexander Schuetz, and Apeiron Investment Group Ltd. unconditionally agreed with certain other investors to purchase, in aggregate, 850,000 shares in the Company from such other investors. The entry into such transactions was disclosed by Infinitum Ltd (in relation to the shares to be acquired by it), by way of two managers’ transactions notifications which were published on January 31, 2018. Notwithstanding the transactions were entered into on an unconditional basis on January 29, 2018 and disclosed to the market by way of the managers’ transactions notifications shortly thereafter on January 31, 2018, settlement of the acquisition of shares disclosed in these notifications is pending. MyBucks intends to update the market when such settlement has taken place.
MyBucks S.A. (WKN: A2AJLT, ISIN: LU1404975507, Ticker Symbol: MBC:GR) is a FinTech company based in Luxembourg that delivers seamless financial services through technology. Through its brands GetBucks and GetSure the company offers impact loans, unsecured consumer loans, banking solutions as well as insurance products to customers. MyBucks has experienced exponential growth since its inception in 2011 and today has operations in twelve African and two European countries as well as in Australia. MyBucks aims to ensure that its product offering is accessible, simple and trustworthy, in comparison to traditional, non-technological methods, ultimately working towards enhancing the benefits to the customer. The MyBucks’ product offering enables customers to manage their financial affairs easily and conveniently.
Discover more at: www.mybucks.com